Sales and Trading Salary Guide

Sales and Trading Salary Guide

In this sales and trading salary guide, we cover jobs in the sales and trading sector and their corresponding average salaries for 2018. Sales and trading are among the primary functions of an investment bankList of Top Investment BanksList of the top 100 investment banks in the world sorted alphabetically. Top investment banks on the list are Goldman Sachs, Morgan Stanley, BAML, JP Morgan, Blackstone, Rothschild, Scotiabank, RBC, UBS, Wells Fargo, Deutsche Bank, Citi, Macquarie, HSBC, ICBC, Credit Suisse, Bank of America Merril Lynch. It covers activities that are related to buying and selling securitiesMarketable SecuritiesMarketable securities are unrestricted short-term financial instruments that are issued either for equity securities or for debt securities of a publicly listed company. The issuing company creates these instruments for the express purpose of raising funds to further finance business activities and expansion. or other financial instruments on behalf of the bank and its clients.

Sales traders are responsible for talking to clients about market trends, as well as changes in individual stocksStockWhat is a stock? An individual who owns stock in a company is called a shareholder and is eligible to claim part of the company’s residual assets and earnings (should the company ever be dissolved). The terms "stock", "shares", and "equity" are used interchangeably.. They are also in charge of discussing trading volumes and how and when to trade to get the best returns.

As the name implies, sales and trading involve two main functions: sales and trading. When it comes to sales, the sales trader pitches the ideas of the firm to institutional and high net worth investors and takes orders. On the other hand, trading can either be agency trading – trading for the client – or prop tradingProprietary TradingProprietary Trading (Prop Trading) occurs when a bank or firm trades stocks, derivatives, bonds, commodities or other financial instruments in its own account, using its own money instead of using its clients’ money. This enables the firm to earn full profits from a trade rather than just the commission it receives, which refers to trading with the firm’s capital.

Sales and Trading Salary Guide – Jobs in the US

For years, sales and trading used to be seen as a shrinking industry, as regulators put limits on the level of risk desks can handle. It resulted in fewer slots available for aspiring sales and trading analyst or sales traders. Nowadays, getting a job in the industry has become more competitive. Compensation in sales and trading can be compared with salaries in investment banking, though top performers can enjoy higher salaries than their counterparts in investment banking.

Sales and Trading Salary Guide in the US for 2018

Salaries in the sales and trading sector vary depending on work type, hours, and years of experience. For instance, a fixed-income trader receives an average annual salary of $85,000. On the other hand, a sales and trading analyst’s yearly average salary amounts to $73,700. These figures do not include bonuses, incentives, and other forms of additional compensation.

Additional Resources

Thank you for reading CFI’s sales and trading salary guide. To keep learning and developing your skills in sales and trading, we highly recommend the additional resources below:

Key Players in the Capital MarketsKey Players in the Capital MarketsIn this article, we provide a general overview of the key players and their respective roles in the capital markets. The capital markets consist of two types of markets: primary and secondary. This guide will provide an overview of all the major companies and careers across the capital markets.

Objective vs. Subjective TradingObjective vs Subjective TradingObjective vs subjective trading: Most traders follow either an essentially objective or subjective trading style. Objective traders follow a set of rules to guide their trading decisions. They prefer to have buy and sell decisions essentially pre-planned. In contrast, subjective traders disavow using a strict set of rules

The Winning Mindset of a TraderThe Winning Mindset of a TraderBeing a master trader is not just about formulating better strategies and analysis but is also about developing a winning mindset.

Trading MechanismsTrading MechanismsTrading mechanisms refer to the different methods by which assets are traded. The two main types of trading mechanisms are quote driven and order driven trading mechanisms

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